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Year-to-Date Returns Exceed 30%! Gold ETFs Soar, Experts Warn: Gold Prices May Face Correction Risks

Year-to-Date Returns Exceed 30%! Gold ETFs Soar, Experts Warn: Gold Prices May Face Correction Risks

2024-11-04

This week, the international gold price continued to rise to a new record, once exceeding $2,800 / ounce. Since the beginning of the year, gold has gained more than 32% and hit record highs more than 30 times.

ExxonMobil Production Soars 24%! Oil Giants Face Explosive Risks of Plummeting Oil Prices

ExxonMobil Production Soars 24%! Oil Giants Face Explosive Risks of Plummeting Oil Prices

2024-11-04

In the most recent quarter, ExxonMobil's oil and gas production achieved significant year-over-year growth of 24%. At the same time, Chevron also posted a 7 percent increase in production.

Mitsubishi Chemical Holdings Reports 39% Decline in Earnings! Net Income Plummets Amid Severe Challenges

Mitsubishi Chemical Holdings Reports 39% Decline in Earnings! Net Income Plummets Amid Severe Challenges

2024-11-04

Japan's famous Chemical industry giant, Mitsubishi Chemical Holdings Corporation, recently announced its financial results for the second quarter. This detailed financial report shows the majority of investors the company's operating conditions and financ

Float Glass Prices in Central China Surge 10.6%, Reaching Year-to-Date High, but Future Momentum Lacks

Float Glass Prices in Central China Surge 10.6%, Reaching Year-to-Date High, but Future Momentum Lacks

2024-11-04

Last week, float glass prices in the central China market rose significantly due to reduced supply and market sentiment, reaching the highest increase of the year.

Grace Announces Startup of Nayara Energy’s 450,000 tonnes/year Polypropylene Plant

Grace Announces Startup of Nayara Energy’s 450,000 tonnes/year Polypropylene Plant

2024-11-04

WR Grace & Co. announces that Nayara Energy Limited has successfully started up its new 450 kilotonnes/year (KTA) UNIPOL PP process technology plant in Vadinar, Gujarat, India.

RPM Acquires TMP Convert

RPM Acquires TMP Convert

2024-11-04

RPM International Inc. announced the acquisition of TMP Convert SAS (TMPC) as part of its Fibergrate Structures (Fibergrate) business, which is part of RPM’s Performance Coatings Group.

DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology

DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology

2024-11-04

DuPont and Zhen Ding Technology Group announced that the two parties have reached a strategic cooperation agreement in the field of advanced printed circuit board (PCB) technology.

Asahi Kasei and Honda to establish lithium-ion battery separator joint venture in Canada

Asahi Kasei and Honda to establish lithium-ion battery separator joint venture in Canada

2024-11-04

Asahi Kasei Corporation and Honda Motor Co., Ltd. have signed a shareholder agreement to transform Asahi Kasei's existing Canadian subsidiary into a joint venture.

BASF's Core Business Growth Offset by Declining Autonomous Business, Huge Special Project Losses Hidden Behind Net Income Growth!

BASF's Core Business Growth Offset by Declining Autonomous Business, Huge Special Project Losses Hidden Behind Net Income Growth!

2024-11-01

In the third quarter of 2024, the BASF Group achieved sales of 15.7 billion euros, flat compared to the same period last year. Excluding special items, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached 1.6 billion euros, an

Chemical Manufacturers Association Releases Report Revealing

Chemical Manufacturers Association Releases Report Revealing "Staggering" Challenges in Implementing Circular Economy!

2024-11-01

The Association of International Chemical Manufacturers (AICM) recently released its 2024 annual sustainability report in Chengdu, Sichuan Province, aiming to advocate for the concept of green growth.

Prices of Benzene and Styrene Plummet! EPS Industry Profit in September Only 288.63 CNY/Ton, Styrene Value Chain Faces Worsening Losses!

Prices of Benzene and Styrene Plummet! EPS Industry Profit in September Only 288.63 CNY/Ton, Styrene Value Chain Faces Worsening Losses!

2024-11-01

With the contradiction between the supply growth rate being too fast and the insufficient follow-up of downstream demand becoming increasingly prominent, the profit margins of benzene and its downstream industrial chain continue to be squeezed, leading to

Global Nitric Acid Prices Soar! Remarkable Increases in Early October, North America and Europe Facing Supply Crisis!

Global Nitric Acid Prices Soar! Remarkable Increases in Early October, North America and Europe Facing Supply Crisis!

2024-11-01

This sharp price increase can be attributed to supply shortages and the rising costs of basic raw materials, particularly ammonia and natural gas. As the prices of these major raw materials increased, supply constraints further intensified, leading to an

OCSiAl opens plant in Serbia to increase graphene nanotube production

OCSiAl opens plant in Serbia to increase graphene nanotube production

2024-11-01

OCSiAl has opened its first European production plant in Serbia, the new facility is dedicated to the production of TUBALL™ nanotubes and nanotube-based products.

Lotte Chemical announces liquidation of LUSR, synthetic rubber subsidiary in Malaysia, reducing investment in basic chemical business

Lotte Chemical announces liquidation of LUSR, synthetic rubber subsidiary in Malaysia, reducing investment in basic chemical business

2024-11-01

Lotte Chemical announced on October 25 that it will liquidate LUSR, a synthetic rubber production company based in Malaysia.

Kemira to close Vancouver pulp and paper chemicals plant

Kemira to close Vancouver pulp and paper chemicals plant

2024-11-01

Finnish chemicals company Kemira has announced plans to consolidate some of its pulp and paper chemicals production in North America, thereby closing a manufacturing plant in Vancouver, Canada.

SABIC's Innovative Technology Reduces Packaging Carbon Footprint by 30% and Thickness by 20%

SABIC's Innovative Technology Reduces Packaging Carbon Footprint by 30% and Thickness by 20%

2024-10-31

Following extensive testing and evaluation, Lamb Weston launched the first frozen potato products in the UK and the Netherlands in September in packaging made from Oerlemans multi-layer film, produced from SABIC certified renewable PE polymers.

SK Chemicals Launches New Copolyester Product with Up to 70% Recycled Material Content

SK Chemicals Launches New Copolyester Product with Up to 70% Recycled Material Content

2024-10-31

South Korean resin manufacturer SK Chemicals (SKC, Seoul) has announced the launch of a new copolyester product called Ecotria Claro 300. This product is transparent, resistant to chemical corrosion, and is ideal for extrusion blow molding (EBM) processes

Saudi Sovereign Wealth Fund Cuts Overseas Investments by One Third, Economic Transformation Faces Setbacks!

Saudi Sovereign Wealth Fund Cuts Overseas Investments by One Third, Economic Transformation Faces Setbacks!

2024-10-31

Saudi Arabia's sovereign wealth fund plans to reduce its overseas investments by about a third, the fund's president said on Tuesday at a conference in Riyadh. The move is an effort to support the Saudi economy to finance its transition away from oil depe

EU Imposes Up to 35.3% Tariff on Chinese Electric Vehicles! Local European Manufacturers Under Huge Pressure

EU Imposes Up to 35.3% Tariff on Chinese Electric Vehicles! Local European Manufacturers Under Huge Pressure

2024-10-31

According to CCTV News, the European Commission announced on October 29 local time that it has concluded the anti-subsidy investigation into electric vehicles (BEV) imported from China and decided to impose final anti-subsidy duties for a period of five y

DuPont Specialty Plant Releases Carcinogens, Facing $480,000 Fine and Equipment Upgrades

DuPont Specialty Plant Releases Carcinogens, Facing $480,000 Fine and Equipment Upgrades

2024-10-31

A chemical plant west of New Orleans has agreed to pay up to $480,000 in federal fines and will install new equipment to prevent a harmful cancer-causing chemical from escaping from storage tanks and pipes.

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